Invest
Why you may want to get riders on your Integrated Shield plan now
By Singapore's Budget Babe  •  June 29, 2023
Now that cancer treatment costs will no longer be covered 100% in Singapore, the importance of having a supplementary rider for your hospitalisation plan is more crucial than ever before. But which one should you get? If you don’t already know, a massive change for ALL Integrated Shield plans (IP) in Singapore has just taken effect from 1 April 2023 onwards. Patients will no longer be able to claim for the full costs of their cancer treatment coverage “as charged”, and claims will now be limited to the drugs on the Ministry of Health’s Cancer Drug List (CDL) (view it here) – up to a maximum of 5 times the coverage of the basic MediShield Life. Being treated for cancer is already a stressful affair. Now, that’s going to get worse, as you have to start worrying about having enough cash to pay until you complete your cancer treatments. And...
Read the full article
By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance